Some rich people are buying and selling parts of a company called Merck & Co. They are betting that the company will do well and make them money. This is called trading options. We don't know exactly what they know, but they might have some secret information that makes them think the company will do well. Read from source...
- He doesn't explain why he uses 70% bullish and 20% bearish instead of the more common 60/40 or 70/30.
- He doesn't explain why he uses options history instead of more reliable options data sources.
- He doesn't explain why he uses options volume instead of options open interest, which is more relevant for options analysis.
- He doesn't explain why he uses the past 30 days for options analysis instead of a longer or shorter time frame.
- He doesn't explain why he uses a strike price range from $105.0 to $130.0 instead of a narrower or wider range.
- He doesn't explain why he uses options trades for Merck & Co instead of options trades for other pharmaceutical companies.
- He doesn't explain why he uses Merck & Co's present market position and performance instead of its options trading history and trends.
- He doesn't explain why he uses analyst ratings for Merck & Co instead of options data.
- He doesn't explain why he uses Benzinga Pro for options updates instead of other sources.
- He doesn't explain why he uses market news and data brought to you by Benzinga APIs instead of other sources.